Two State Senators in Nebraska filed a bill this week to block the state’s largest electric utilities from constructing or acquiring renewable energy operations or using eminent domain to carry out the acquisitions. The Senators represent most of the Nebraska Panhandle as well as part of the Sandhills in the northern part of the …
New Mexico regulator quits after only a few weeks on the job
Whoops. Looks like New Mexico Gov. Michelle Lujan Grisham didn’t do a deep enough exploration of whether one of her appointees to the state’s Public Regulation Commission was qualified. Brian Moore resigned this week after admitting he lacked the required education qualifications reported the Albuquerque Journal. Click here for Albuquerque Journal
Oklahoma’s General Revenue Fund collections are still growing
A new report shows Oklahoma’s General Revenue Fund collections in the first half of the 2023 Fiscal Year gained more than 13% compared to the previous year. The report by the Office of Management and Enterprise Services indicated collections in December totaled $767.6 million, an amount that was $78.3 million or 11.4% more than …
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** Rep. Nancy Mace, R-S.C., filed a bill Wednesday that would require Transportation Secretary Pete Buttigieg and his staff to fly commercial until a Southwest Airlines debacle and a Federal Aviation Administration computer glitch that caused thousands of flight cancelations Wednesday were fully investigated and resolved. ** A Colorado dentist accused of setting a fire that damaged …
Kratos picks up contract for new hypersonic Air Force missile
Kratos, the drone maker that created a plant in Oklahoma City a few years ago, added another feather in its hat this week when its Kratos Defense & Security Solutions Division won a contract for production of parts for a new hypersonic missile for the Air Force. The new experimental missile will be capable …
Appalachian methane monitoring coalition created by Chesapeake Energy
Chesapeake Energy joined Equitrans Midstream Corporation this week in creating a coalition to increase methane monitoring throughout the Appalachia Basin. Called the Appalachian Methane Initiative or AMI, the goal of the leading U.S. natural gas operators is to increase methane emissions reductions in the region. The coalition brings together two of the top five …
Little pollution impact is expected from upcoming public land sale in Permian Basin
The Biden administration admits that the leasing of New Mexico public land in an upcoming sale to the oil and gas industry would have little impact on pollution. The Bureau of Land Management published an environmental assessment Jan. 4 for an auction of oil and gas leases planned for May, offering 19 parcels on 3,280 acres …
NTSB head warns of accident risks involving heavy electric vehicles
Now the National Transportation Safety Board is concerned about an aspect of electric vehicles—their increased weight and what it means if they are in an accident with lighter vehicles. Jennifer Homendy, head of the NTSB raised the issue in a speech to the Transportation Research Board, pointing out how an electric GMC Hummer weighs …
Crude oil made 3% gain Wednesday and took OK energy stocks along for the ride
Oil prices rose 3% on Wednesday and Oklahoma energy stocks had a good day as well. It proved to be a one-week high for crude based on an improved global economic outlook. Analysts indicated the impact of sanctions on Russian crude output outweighed a massive surprise build in U.S. crude stocks. West Texas Intermediate crude …
Cushing sees 2.5 million barrel increase in crude oil storage
Just as the U.S. Energy Information Administration reported it believes there will be record crude oil production this year, there has been a sizeable increase in storage in oil at the Cushing hub in northern Oklahoma. The EIA reported that as of Jan. 6, 2023, there was a total of 25.3 million barrels of …
